£255,121
This estimated value is based upon the latest sale price for the house of £59,000 on 18 Aug 1999. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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Price Paid | Date |
---|---|
£59,000 | 18 Aug 1999 |
Terraced |
Freehold |
This model uses changes in the Official Land Registry House Price Index for MEDWAY to estimate the market value.
When this house was purchased in August 1999 the House Price Index for MEDWAY was 34.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 332.409%.Applying this 332.409% change to the original purchase price of £59,000 results in an estimated price of approximately £255,121.
18 Aug 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
34.6 | 149.7 | 332.409 % | £59,000 | £196,121 | £255,121 |
The Postcode Pricing Model uses changes in average sales price within the ME7 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
Change % | Change £ | Estimated Price | |
1 Month Average | 354.793 % | £209,328 | £268,328 |
3 Month Average | 357.624 % | £210,998 | £269,998 |
6 Month Average | 373.973 % | £220,643 | £279,643 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Aug 2024 | £235,000 | £235,000 | 35 CASTLEMAINE AVENUE |
9 Aug 2023 | £252,555 | £248,000 | 2 COURT LODGE ROAD |
23 Feb 2023 | £332,219 | £330,000 | 114 GRANGE ROAD |
27 Jan 2023 | £250,670 | £250,000 | 10 COURT LODGE ROAD |
10 Aug 2022 | £301,409 | £300,000 | 78 MAPLE AVENUE |
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Bluebell Close |
Oct 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Castlemaine Avenue |
Sep 2024 | Anti-social behaviour | On or near Castlemaine Avenue | |
Sep 2024 | Anti-social behaviour | On or near Castlemaine Avenue | |
Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Firethorn Close |